Supremex (TSE:SXP) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Supremex Inc. (TSE:SXP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.68 and traded as high as C$3.68. Supremex shares last traded at C$3.64, with a volume of 3,001 shares trading hands.

Supremex Stock Up 0.8%

The stock has a 50-day moving average of C$3.64 and a 200-day moving average of C$3.68. The company has a debt-to-equity ratio of 100.62, a current ratio of 1.95 and a quick ratio of 1.00. The firm has a market cap of C$88.81 million, a price-to-earnings ratio of 8.30, a P/E/G ratio of 0.31 and a beta of 0.52.

Supremex (TSE:SXP) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.08 earnings per share for the quarter. The firm had revenue of C$74.84 million during the quarter. Supremex had a return on equity of 9.93% and a net margin of 3.90%. Sell-side analysts predict that Supremex Inc. will post 0.7454874 EPS for the current fiscal year.

Supremex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 18th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Thursday, June 4th. Supremex’s payout ratio is 45.45%.

Supremex Company Profile

Supremex Inc is engaged in manufacturer and marketer of a broad range of custom envelopes and packaging products. The company operates in two business segments that are Manufacturing and Sale of Envelopes, and the manufacturing and sale of paper-based packaging solutions and specialty products. The majority of the revenue is generated from the Envelope segment. Its product portfolio consists of translucent envelopes, custom envelopes, stock envelopes, poly mailers, enviro-Logix flat mailers, board mailers, custom labels, affixing, repositionable notes and others.